Luzhou Bank Co., Ltd. Class H ( (HK:1983) ) has provided an update.
Luzhou Bank Co., Ltd. has announced a proposed change of its external auditors following the completion of the 2024 audit. PricewaterhouseCoopers, which has served as the bank’s auditor for eight consecutive years, will be replaced by Deloitte Touche Tohmatsu for the 2025 financial statements. This change is in compliance with regulations limiting the consecutive engagement term of auditors in state-owned financial institutions. The proposed appointment is subject to shareholder approval at the 2024 annual general meeting, and PwC has expressed no objections to this transition.
More about Luzhou Bank Co., Ltd. Class H
Luzhou Bank Co., Ltd. is a joint stock company incorporated in the People’s Republic of China. It operates within the financial industry, providing banking services. The company is not authorized to conduct banking or deposit-taking business in Hong Kong and is not under the supervision of the Hong Kong Monetary Authority.
YTD Price Performance: 2.05%
Average Trading Volume: 35,562
Technical Sentiment Signal: Hold
Current Market Cap: HK$5.41B
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